Schedule of Investments

May 31, 2025 (unaudited)

Monteagle Select Value Fund

Shares or Principal

Security Description

Amount ($)

Fair Value ($)(1)

Common Stocks - 83.72%

Automobiles & Components - 2.46%

BorgWarner, Inc.

11,847

392,017

Banks - 0.71%

U.S. Bancorp

2,600

113,334

Capital Goods - 3.06%

Caterpillar, Inc. (2)

United Rentals, Inc.

1,400

487,242

650

460,447

947,689

Chemicals - 3.40%

DuPont de Nemours, Inc.

8,100

541,080

Commercial & Professional Services - 2.80%

Leidos Holdings, Inc.

3,000

445,560

Consumer Durables & Apparel - 1.78%

D.R. Horton, Inc.

2,400

283,344

Deckers Outdoor Corp. (2)

2,900

306,008

589,352

Consumer Services  - 1.70%

Chipotle Mexican Grill, Inc. (2)

5,400

270,432

Containers & Packaging - 1.38%

Ball Corp. (2)

4,100

219,678

Diversified Financials  - 2.99%

MarketAxess Holdings, Inc.

230

49,774

Nasdaq, Inc  

5,700

476,178

525,952

Financial Services  - 0.00%

T. Rowe Price Group, Inc.

3,980

372,488

Food, Beverage & Tobacco - 7.29%

Archer-Daniels- Midland Co.

6,556

316,458

J.M. Smucker Co.

3,584

403,594

Lamb Weston Holdings, Inc.

7,900

440,662

1,160,714

Healthcare Equipment & Services - 7.97%

Baxter International, Inc.

3,800

115,900

Centene Corp. (2)

6,840

386,050

Elevance Health, Inc.

930

356,971

Humana, Inc.

700

163,191

Teleflex, Inc.

2,020

246,985

1,269,097

Integrated Oil & Gas - 2.26%

Occidental Petroleum Corp.

8,830

360,087

Media & Entertainment - 1.91%

Interpublic Group of Cos., Inc.

12,680

303,813

Oil, Gas & Consumable Fuels - 1.45%

APA Corp.

13,612

231,540

Valero Energy Corp.

3,250

419,153

650,693

Pharmaceuticals, Biotechnology & Life Science - 1.49%

Regeneron Pharmaceuticals, Inc. (2)

485

237,786

Retailing - 2.39%

LKQ Corp.

9,391

380,054

Semiconductors & Semiconductor Equipment - 8.17%

Micron Technology, Inc.

3,400

321,164

Monolithic Power Systems, Inc.

680

450,092

ON Semiconductor Corp. (2)

5,550

233,211

Skyworks Solutions, Inc.

4,296

296,553

1,301,020

Software & Services - 3.84%

Akamai Technologies, Inc. (2)

3,220

244,495

EPAM Systems, Inc. (2)

2,103

366,952

611,447

Technology Hardware & Equipment - 3.93%

Cisco Systems, Inc.

5,800

365,632

Zebra Technologies Corp. Class A (2A)

900

260,793

626,425

Transportation - 2.26%

Delta Air Lines, Inc.

10,000

483,900

FedEx Corp.

1,650

359,865

843,765

Utilities - 7.38%

AES Corp.

36,600

369,294

Eversource Energy

5,900

382,379

NextEra Energy, Inc.

6,000

423,840

1,175,513

Total Common Stock

(Cost $          14,404,644)

13,337,997

Real Estate Investment Trusts - 1.26%

Crown Castle International Corp.

2,000

200,700

Total Real Estate Investment Trusts

(Cost $               381,784)

200,700

Money Market Registered Investment Companies - 14.97%

Federated Hermes Government Obligations Fund - Institutional Class - 4.18% (3)

2,384,453

2,384,453

Total Money Market Registered Investment Companies

(Cost $            2,384,453)

2,384,453

Total Investments - 99.95%

(Cost $         17,170,881)

15,923,149

Other Assets Less Liabilities - 0.05%

8,778

Total Net Assets - 100.00%

15,931,928

(1)  Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments.

       These inputs are summarized in the three broad levels listed below.

        • Level 1 - quoted prices in active markets for identical securities

        • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

        • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

       The following is a summary of the inputs used as of  May 31, 2025 in valuing the Fund's assets carried at fair value:

Investments in

Other Financial

Valuation Inputs

Securities

Instruments

Level 1 - Quoted Prices

$

15,923,149

$

-

Level 2 - Other Significant Observable Inputs

-

-

Level 3 - Significant Unobservable Inputs

-

-

Total

$

15,923,149

$

-

       The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term

       debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment

       Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active

       market, such securities are reflected as Level 2.

(2)  Represents non-income producing securities.

(3)  7-day yield as of May 31, 2025.